Chief Economists Outlook: counting the cost of the Hormuz crisis, with Maersk’s Ilaria Maselli

Source: World Economic Forum (video statements)

As the World Economic Forum published its latest Chief Economists Outlook, Maersk’s Head of Macro & Market Insights Ilaria Maselli gives her view on the state of the global economy.
The closure of the Strait of Hormuz, “the aorta of global fossil fuel trade”, is one of the “biggest crises” in the history of capitalism, with huge implications for economies around the world, Maselli says.
And we discuss how the impact of the Hormuz crisis compares to the shock that the COVID pandemic imposed on the world, in terms of economic growth and inflation.
Links:
Chief Economists Outlook May 2026: https://www.weforum.org/publications/chief-economists-outlook-may-2026
Previous editions: https://www.weforum.org/publications/series/chief-economists-outlook/
Related podcasts:
The Iran oil shock: will it force the world to re-think the future of energy?: https://www.weforum.org/podcasts/radio-davos/episodes/oil-shocks-hormuz-iran-columbia-energy-exchange-jason-bordoff/

The rise of industrial policy – why governments are back in the business of business: https://www.weforum.org/podcasts/radio-davos/episodes/industrial-policy-trade-choke-points/
"Everything has changed" – Gita Gopinath on the global economy in 2026: https://www.weforum.org/podcasts/radio-davos/episodes/gita-gopinath-global-economy-2026/
Chief Economists’ Outlook January 2026: reassuring resilience and a ‘good’ bubble?: https://www.weforum.org/podcasts/radio-davos/episodes/chief-economists-outlook-barclays-christian-keller/
Check out all our podcasts on wef.ch/podcasts:
YouTube: – https://www.youtube.com/@wef/podcasts
Radio Davos – subscribe: https://pod.link/1504682164
Meet the Leader – subscribe: https://pod.link/1534915560
Agenda Dialogues – subscribe: https://pod.link/1574956552

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https://www.youtube.com/watch?v=zRapZX_n4Uw

International Day of United Nations Peacekeepers 2026 (29 May) – UN Chief Message | United Nations

Source: United Nations (video statements)

Video Message by António Guterres, Secretary-General of the United Nations, on the International Day of Peacekeepers.

"Right now, more than 50,000 UN peacekeepers are deployed across the globe protecting civilian lives.

Far from home, in some of the world’s most dangerous settings, they deescalate tensions between hostile parties, oversee aid delivery, support elections, and create space for political solutions to grow.

On this International Day, we honour peacekeepers past and present, and reaffirm our shared responsibility to respect and strengthen their work.

We pay tribute to the nearly 4,500 peacekeepers who have lost their lives since 1948, including 59 last year.

No one should die serving the cause of peace.

Attacks on peacekeepers are grave violations of international humanitarian law, and Member States must uphold their obligations to ensure the safety and security of UN personnel at all times.

In an era of rising tensions, peacekeeping is a proven and cost-effective way to restore stability and hope.

But it requires steady political backing – and reliable financial support.

This year’s theme, Invest in Peace, calls for decisive action to ensure peacekeepers have the resources to carry out their vital mandates.

An investment in peacekeeping is an investment in a safer future.

Let us always support the people who help make peace possible.

Thank you."

More info: https://peacekeeping.un.org/en

https://www.youtube.com/watch?v=UB-tPzkwaNI